SuperGuide
Superannuation and retirement planning information
Today, we’ll check out the retirement planning journey of Tony and Anna. They haven’t focused on their superannuation in the past and they’re starting to wonder if they’re going to be able to reach their retirement goals.
Sustainable funds delivered strong returns last financial year, comparing favourably with their non-sustainable peers.
It’s human nature to compare ourselves with the people around us, but when it comes to super, the real question is whether your balance is on target to provide the retirement income you need.
Modernised laws allow contributions up to age 75 and beyond. Discover smart options to get more cash into your super.
Most Australians can choose which super fund they want their employer’s super contributions paid into, but there are exceptions. We explain who is, and is not, free to choose and how to go about it.
The acronyms may be similar, but your total super balance (TSB) and transfer balance cap (TBC) are not the same thing. We clear up the confusion and explain how they affect what you can do with your super.
The gender difference in super balances frequently leaves women worse off in retirement. Use our 7 tips to get on top of your super and help close the gap.
Changes to tax rates could mean you need to rethink your contributions to super for the new financial year.
If you’re thinking of aiming for a retirement super balance of $700,000, have you thought about how much income this might provide? Whether you are a couple or single, we run the numbers for you.
Managing competing investment priorities in retirement is a challenge but a bucket strategy could tip the balance in your favour.
It’s often touted as the amount you need to secure an ideal retirement so we’ve calculated how much income $1 million will generate under a range of scenarios.
If you’re aiming for a retirement lifestyle that some would consider luxurious, you may have wondered whether $2 million in super at retirement will hit the mark.
We’ve run the numbers to find out what kind of retirement half a million dollars could provide.
If you’re dreaming of travelling, eating out and a new car perhaps $100,000 a year aligns with your retirement budget if you are single, or $140,000 per year for a couple.
In this article we show the super balance required to provide annual income of $80,000 for a single or $112,000 for a couple retiring at age 60 or 67.
The widely reported ASFA Retirement Standard suggests a single person can enjoy a ‘comfortable lifestyle’ on around $51,000 a year while a couple would need $72,000 for the same standard of living.
If $60,000 a year for a single (or the equivalent $84,000 a year for a couple) sounds like your kind of retirement, the next step is to work out how much super you will need to fund it.
Rather than being the time to take your money and run for the hills, retirement is when super really comes into its own.
